California Statutes
§ 18705. — 18705. (Amended by Stats. 1996, Ch. 887, Sec. 72.)
California § 18705.
JurisdictionCalifornia
Code FINFinancial Code - FIN
Div. 7.DIVISION 7. INDUSTRIAL LOAN COMPANIES
Ch. 10.CHAPTER 10. Foreign (Other State) Industrial Loan Companies: Agency Activities
Art. 5.ARTICLE 5. California Industrial Loan Company as Agent
This text of California § 18705. (18705. (Amended by Stats. 1996, Ch. 887, Sec. 72.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Financial Code - FIN Code § 18705. (2026).
Text
(a)No office of a California industrial loan company that conducts authorized agency activities as agent for an insured depository institution in accordance with this article shall, on that account, be deemed to be an office of the insured depository institution.
(b)For purposes of this division, no insured depository institution that has a California industrial loan company engaged in authorized agency activities as its agent shall on that account be deemed to be
transacting business in this state.
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Legislative History
Amended by Stats. 1996, Ch. 887, Sec. 72. Effective September 25, 1996.
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Bluebook (online)
California § 18705., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/FIN/18705..